China Facility Management Market By Organized Vs Unorganized, By In-House Vs Outsource, By Service (Cleaning, Property, Catering, Security, Support & Others), By Application (Commercial, Industrial & Residential), Competition, Forecast & Opportunities, 2024
China facility management market stood at over $ 145 billion in 2018 and is forecast to grow at a CAGR of more than 5% to cross $ 210 billion by 2024. Anticipated growth in the market can be attributed to increase in construction activities across commercial as well as industrial sectors in the country. Moreover, growing focus on accreditation by adopting LEED certification and infrastructure development is further positively influencing China facility management market. Furthermore, increase in government investments in real estate sector would steer growth in China facility management market during forecast year.
Years Considered for this Report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- The primary objective of the study is to understand and gain insights about China facility management market and its segmental analysis by organized vs unorganized, by in-house vs outsource, by service, by application and by region.
- To estimate and forecast China facility management market size.
- To categorize and forecast China facility management market by service such as cleaning services, property services, catering services, security services, support services and other services.
- To categorize and forecast China facility management market by application such as commercial, industrial and residential.
- To categorize and forecast China facility management market by regions such as East, North, North East, South Central, South West and North West.
- To categorize and forecast China facility management market by in-house vs outsource.
- To identify major drivers & challenges for China facility management market.
- To identify major trends in China facility management market.
- To profile major companies operating in China facility management market.
Few of the major players operating in China facility management market include CBRE Group, Inc., Jones Lang LaSalle Incorporated (JLL), ISS Group, Sodexo, Cushman & Wakefield (China), Colliers International Property Services Ltd., Synergis Holdings Limited, ESG Holdings Limited, Shanghai Aideite Facilities Management Co., Ltd. and ADEN.
To analyze and forecast China facility management market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in China facility management market was also undertaken. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for facility management in China. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.
Various secondary sources such as white papers and sources like National Bureau of Statistics of China, International Facility Management Association, World Bank, International Monitory Fund, Ministry of Commerce People’s Republic of China, The State Council People’s Republic of China, Ministry of Foreign Affairs People’s Republic of China and facility management companies’ annual reports were also studied by TechSci Research.
Key Target Audience:
- Facility management providing companies
- Government bodies such as regulating authorities and policy makers
- End users of facility management
- Market research organizations and consulting firms
The study is essential in delivering useful information to industry stakeholders such as facility management providing companies and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.
In this report, China facility management market has been segmented into the following categories in addition to the industry trends which have also been listed below:
- Market, by Organized vs Unorganized
- Market, by In-House vs Outsource
- Market, by Service:
- Cleaning Services
- Property Services
- Catering Services
- Security Services
- Support Services
- Other Services
- Market, by Application:
- Market, by Region:
- North East
- South Central
- South West
- North West
- Market, by Company:
- CBRE Group, Inc.
- ISS Group
- Jones Lang LaSalle Incorporated (JLL)
- Colliers International Property Services Ltd.
Company Profiles: Detailed analysis of the major companies present in China facility management market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
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